Seminar Home | Program | NABE Home
Session 10: ECI, Average Hourly Earnings
Session Downloads
Employment Cost Index & Employment Cost Index & Average Hourly Earnings - Anirvan Banerji
Average Hourly Earnings - Wayne Shelly
Employment Cost Index - Wayne Shelly
Average Hourly Earnings - Mary Bowler
Session Links
Economic Cycle Research Institute
Speakers
Harvey Rosenblum, Director of Research, Federal Reserve Bank of Dallas
Wayne Shelly, Bureau of Labor Statistics
Wayne M. Shelly is a labor economist in the Office of Compensation Levels and Trends of the Bureau of Labor Statistics. He works primarily in the outreach programs of the National Compensation Survey (NCS) which includes wage surveys, benefit and incidence surveys, Employer Costs for Employee Compensation (ECEC), and the Employment Cost Index (ECI). Prior to the creation of the NCS in 1996, he worked on the ECEC and ECI, where he was responsible for quality assurance projects as well as analysis and publication of the ECEC and ECI data. As team leader of the NCS outreach programs, he deals with the academic community, media, financial analysts, economists, foreign governments, and other data users to explain and promote understanding of the surveys. He began his career with BLS in 1976 as a field economist in the Dallas Regional Office, working on all of the bureau’s wage programs. He also worked in the regional office on the Current Employment Statistics program and other federal-state cooperative programs. Mr. Shelly is a graduate of Capital University in Columbus, Ohio.
Mary Bowler
Bureau of Labor Statistics
Mary Bowler attended Grinnell College and the American University. She has been an Economist for 15 years at the Bureau of Labor Statistics, working on the Quarterly Census of Employment and Wages (ES-202 program) and the Current Population (household) Survey.
Anirvan Banerji
Director of Research,
Economic Cycle Research Institute
Anirvan BANERJI is the Director of Research of the Economic Cycle Research Institute (ECRI), where he served since its inception until 2000 as Co-Director of Research with ECRI’s founder Geoffrey H. Moore, creating many cyclical indicators including the Future Inflation Gauge, the Weekly Leading Index and the JoC-ECRI Industrial Price Index. Prior to that, for over a decade, he worked closely with Moore at Columbia University.
Banerji has graduate degrees from Columbia University and the Indian Institute of Management, Ahmedabad, and an undergraduate degree from the Indian Institute of Technology, Kharagpur. He is the author of many published articles, mostly in the area of business cycle analysis and forecasting, and is the co-author of Beating the Business Cycle: How to Prepare and Profit from Turning Points in the Economy, scheduled to be published by Doubleday on May 18 . He is widely quoted in the press, and is often a guest on radio and television.
Banerji has consulted with the Asian Development Bank as well as central banks around the world, is a member of the OECD Expert Group on Leading Indicators, is Forecast Chair of the Forecasters Club of New York, and serves on New York City’s Economic Advisory Panel. He is married, has two children, and lives in New York City.